Aldehydes in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $18.8M in Aldehydes, making it the 24th largest exporter of Aldehydes in the world. At the same year, Aldehydes was the 267th most exported product in Philippines. The main destination of Aldehydes exports from Philippines are: Singapore ($5.95M), China ($4.74M), Indonesia ($3.55M), Japan ($2.67M), and Brazil ($462k).

The fastest growing export markets for Aldehydes of Philippines between 2021 and 2022 were Singapore ($2.72M), Indonesia ($1.72M), and Brazil ($347k).

Imports In 2022, Philippines imported $13.5M in Aldehydes, becoming the 36th largest importer of Aldehydes in the world. At the same year, Aldehydes was the 667th most imported product in Philippines. Philippines imports Aldehydes primarily from: China ($6.96M), India ($1.61M), Chinese Taipei ($1.36M), France ($1.01M), and Indonesia ($580k).

The fastest growing import markets in Aldehydes for Philippines between 2021 and 2022 were China ($2.49M), India ($1.01M), and France ($585k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Aldehydes exports accounted up to $935k and imports accounted up to $164k, resulting in a positive trade balance of $770k. Between June 2023 and June 2024 the exports of Philippines' Aldehydes have decreased by $-720k (-43.5%) from $1.65M to $935k, while imports decreased by $-675k (-80.4%) from $840k to $164k.

Destinations In June 2024, Aldehydes were exported mostly to Indonesia ($345k), Singapore ($322k), China ($142k), Japan ($83.3k), and Netherlands ($36.9k), and were imported mostly from India ($87.6k), Chinese Taipei ($61.2k), United Kingdom ($8.29k), Japan ($4.06k), and Thailand ($1.92k).

Growth In June 2024, the decrease in Aldehydes's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-130k or -40%) and Japan ($-46.9k or -21.9%). In June 2024, the decrease in Aldehydes's year-by-year imports was explained primarily by a decrease in imports from China ($-361k or -50.6%), Singapore ($-232k or -99.7%), and Chinese Taipei ($-186k or -57%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-720k(-43.5%)

IMPORT GROWTH (June 2023 - June 2024)$-675k(-80.4%)

MAIN DESTINATION (June 2024)Indonesia$345k

This section shows Aldehydes's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Aldehydes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$18.8M

IMPORTS (2022)$13.5M

NET TRADE (2022)$5.33M

In 2022, Philippines exported $18.8M in Aldehydes. The main destinations of Philippines exports on Aldehydes were Singapore ($5.95M), China ($4.74M), Indonesia ($3.55M), Japan ($2.67M), and Brazil ($462k).

In 2022, Philippines imported $13.5M in Aldehydes, mainly from China ($6.96M), India ($1.61M), Chinese Taipei ($1.36M), France ($1.01M), and Indonesia ($580k).

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